Sunday, April 19, 2015

The Business Times: Important trade pacts to be signed in 2015

The Business Times: Important trade pacts to be signed in 2015

Link to Vietnam Business News

Important trade pacts to be signed in 2015

Posted: 18 Apr 2015 03:36 AM PDT

Free trade agreements (FTAs) between Viet Nam and the Eurasian Economic Union, the Republic of Korea (RoK) and the European Union (EU) will be signed in 2015. This was announced by the Minister of Industry and Trade, Vu Huy Hoang, at a conference held in Ha Noi on Thursday. Hoang said the FTA between Viet […]

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MPC mulls issuing non-convertible bonds to raise more working capital

Posted: 18 Apr 2015 03:34 AM PDT

Minh Phu Seafood Corporation JSC (MPC) may decide to issue 2,500 non-convertible bonds for periods of three years or more at the annual shareholders meeting on April 18. MPC also plans to offer 30 million shares for at least VND100,000 each under private placement between 2015 and 2016 to funds, companies, domestic and foreign investors. […]

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VN-Index flat as blue chips slide

Posted: 18 Apr 2015 03:33 AM PDT

The VN-Index closed almost flat at 568.32 points by the end of yesterday’s session, erasing early gains. This was caused by unexpected declines of several large-cap shares. PV Gas (GAS), the biggest stock in terms of market capitalisation on the HCM Stock Exchange, fell 1.48 per cent after rising 0.74 per cent. The company estimated […]

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Ha Noi to conduct checks at housing projects

Posted: 18 Apr 2015 03:30 AM PDT

Commercial housing projects and new urban areas in the capital city of Ha Noi will be monitored, with a focus on infrastructure construction, following instructions from the municipal People’s Committee. Accordingly, the municipal departments of construction, planning and architecture, planning and investment, natural resources and environment, and transportation would implement overall checks to clarify the […]

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BIDV confirms merger with Mekong Housing Bank

Posted: 18 Apr 2015 03:30 AM PDT

The management board of the Bank for Investment and Development of Viet Nam (BIDV) announced its plan to merge with the Mekong Housing Bank (MHB) at a shareholders meeting on April 17. BIDV would issue 336.9 million shares, with a combined value of VND3.369 trillion (US$160.43 million) to complete the merger, with every share of […]

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Viet Nam, France announce plans to remove trade barriers

Posted: 18 Apr 2015 03:27 AM PDT

Viet Nam and France have agreed on the necessity to remove trade barriers in market approaches through bilateral dialogue, including Viet Nam lifting a ban on French beef. The agreement was reached during the third annual high-level economic dialogue chaired by Deputy Minister of Planning and Investment (MPI) Nguyen Chi Dung and Matthias Fekl, Minister […]

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Skilled workforce key to development

Posted: 18 Apr 2015 03:26 AM PDT

Viet Nam will not retain the advantage of cheap labour costs and target developing a high quality and professional workforce, Deputy Minister of Industry and Trade, Tran Tuan Anh, said. Speaking at a recent meeting with a US delegation of Senator Assistants, Anh said Viet Nam was planning to step into a new development stage. […]

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Vietinbank issues loan to BTMU

Posted: 18 Apr 2015 12:33 AM PDT

The Viet Nam Joint Stock Commercial Bank of Industry and Trade (VietinBank) signed a US$100-million syndicated loan agreement arranged by the Bank of Tokyo-Mitsubishi UFJ (BTMU) on Thursday. The foreign banks participating in this agreement include BNP Paribas and Mega International Commercial Bank. Speaking at the signing ceremony, Vietinbank board member Phung Khac Ke said […]

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